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With the G7 intervening in the currency markets, selling Yen, downside potential of the Japanese markets seems to have resided a bit. Short of any major catastrophes occurring with the reactors this should be a good time to start to look into companies in Japan to buy on weakness. Naturally it would be smart to avoid insurers as well as other companies that will be affected by the aftermath of the quake. Export companies, specifically automation companies, would most likely benefit from the recovery and the longer term downside of the Yen.